Brighthouse Financial, Inc. (NASDAQ:BHFAM) Short Interest Up 33.9% in March

Brighthouse Financial, Inc. (NASDAQ:BHFAM) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 54,100 shares, an increase of 33.9% from the February 28th total of 40,400 shares. Based on an average trading volume of 49,700 shares, the days-to-cover ratio is presently 1.1 days.

Brighthouse Financial Stock Down 3.7 %

NASDAQ:BHFAM opened at $13.87 on Tuesday. The firm’s fifty day simple moving average is $15.24 and its 200-day simple moving average is $16.52. Brighthouse Financial has a fifty-two week low of $13.87 and a fifty-two week high of $18.95.

Brighthouse Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were given a dividend of $0.2891 per share. The ex-dividend date was Monday, March 10th. This represents a $1.16 annualized dividend and a yield of 8.34%.

About Brighthouse Financial

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.